Jeff Bezos Maintains Massive Amazon Stake: 1.18B Shares
Ticker: AMZN · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 1018724
| Field | Detail |
|---|---|
| Company | Amazon Com INC (AMZN) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, shareholder-update, beneficial-ownership
TL;DR
**Bezos still owns over a billion Amazon shares, keeping his grip tight.**
AI Summary
Jeff Bezos, Amazon's founder, filed an updated SC 13G/A on January 26, 2024, disclosing his beneficial ownership of 1,189,047,364 shares of Amazon common stock as of December 31, 2023. This represents a significant portion of the company's shares, indicating his continued substantial influence. This matters to investors because Bezos's large stake means his actions, such as selling shares, could impact the stock price and signal his confidence in the company's future.
Why It Matters
Jeff Bezos's continued substantial ownership of Amazon shares reinforces his influence over the company and any future changes in his holdings could significantly affect investor sentiment and stock performance.
Risk Assessment
Risk Level: low — This filing is a routine update of a major shareholder's stake and does not indicate any immediate negative risks.
Analyst Insight
Investors should note Jeff Bezos's continued substantial stake, as any future significant changes in his holdings could be a material event for Amazon's stock. This filing itself is a routine update and doesn't suggest immediate action.
Key Numbers
- 1,189,047,364 — Shares Beneficially Owned (Represents Jeff Bezos's total ownership of Amazon common stock as of December 31, 2023.)
- 988,251,817 — Sole Dispositive Power (Indicates the number of shares Jeff Bezos can sell or dispose of independently.)
Key Players & Entities
- Jeffrey P. Bezos (person) — Reporting Person, Founder of Amazon
- AMAZON COM INC (company) — Subject Company
- 1,189,047,364 (dollar_amount) — Shares beneficially owned by Jeffrey P. Bezos
- December 31, 2023 (date) — Date of event requiring the filing
- January 26, 2024 (date) — Filing date of the SC 13G/A
Forward-Looking Statements
- Jeff Bezos will continue to be a major influential shareholder in Amazon. (Jeffrey P. Bezos) — high confidence, target: 2025-12-31
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person in this SC 13G/A filing is Jeffrey P. Bezos, as stated in 'NAMES OF REPORTING PERSONS' on page 2.
What is the total number of shares beneficially owned by Jeffrey P. Bezos as reported in this filing?
Jeffrey P. Bezos beneficially owns 1,189,047,364 shares, as indicated in 'AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON' (Row 9) on page 2.
What is the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' is December 31, 2023, as specified on page 1 of the filing.
Does Jeffrey P. Bezos have shared voting power over any Amazon shares according to this filing?
No, the filing states 'SHARED VOTING POWER 0' (Row 6) on page 2, indicating he has no shared voting power.
What is the CUSIP Number for the class of securities reported?
The CUSIP Number for the Common Stock, Par Value $.01 of Amazon.com, Inc. is 023135 10 6, as listed on page 1 and 2 of the filing.
Filing Stats: 930 words · 4 min read · ~3 pages · Grade level 8.7 · Accepted 2024-01-26 16:10:01
Filing Documents
- tm242128d1_sc13ga.htm (SC 13G/A) — 47KB
- 0001104659-24-007255.txt ( ) — 48KB
(a). Name of Issuer
Item 1(a). Name of Issuer: This Amendment No. 26 to Schedule 13G relates to Amazon.com, Inc., a Delaware corporation (the “Company”).
(b). Address of Issuer’s Principal Executive Offices
Item 1(b). Address of Issuer’s Principal Executive Offices: The Company’s principal executive offices are located at 410 Terry Avenue North, Seattle, WA 98109-5210.
(a). Name of Person Filing
Item 2(a). Name of Person Filing: This Amendment No. 26 to Schedule 13G relates to Jeffrey P. Bezos. Page 2 of 5 Pages
(b). Address
Item 2(b). Address of Principal Business Office or, if None, Residence: The business address of the reporting person is 410 Terry Avenue North, Seattle, WA 98109-5210.
(c). Citizenship
Item 2(c). Citizenship: Mr. Bezos is a United States citizen.
(d). Title
Item 2(d). Title of Class of Securities: This Amendment No. 26 to Schedule 13G relates to the Company’s common stock, par value $.01 per share (the “Common Stock”).
(e). CUSIP
Item 2(e). CUSIP Number: The CUSIP Number for the Company’s Common Stock is 023135 10 6.
If this
Item 3. If this Person Filing is a: (a) Broker or dealer registered under Section 15 of the Exchange Act; (b) Bank as defined in Section 3(a)(6) of the Exchange Act; (c) Insurance company as defined in Section 3(a)(19) of the Exchange Act; (d) Investment company registered under Section 8 of the Investment Company Act of 1940; (e) An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); (k) Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution:
Ownership
Item 4. Ownership. The following describes the ownership of Common Stock by Mr. Bezos as of December 31, 2023: (a) Amount beneficially owned: 1,189,047,364 (b) Percent of class: 11.5% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 1,189,047,364 1 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 988,251,817 (iv) Shared power to dispose or to direct the disposition of: 0 1 Includes 200,795,547 shares as to which Mr. Bezos exercises sole voting authority pursuant to a voting agreement and proxy. Page 3 of 5 Pages
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group. Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group. Not applicable.
Certifications
Item 10. Certifications. Not applicable. Page 4 of 5 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: January 18, 2024 /s/ Jeffrey P. Bezos Name: Jeffrey P. Bezos Page 5 of 5 Pages